Gold DAILY with Stoch's
I am very much liking what I see here. The rout has pulled up (so far) at the uptrend line - phew.
The price action following the recent run down, it must be said, looks much better, with what could be the final down leg now complete.(?) The stoch's indicator is very reminiscent of previous bottoms and the RSI (not shown), is showing a bullish divergence on the daily after this latest decline.
Hopes are price will stabilize at these levels for a few days then rally. FCF!! (fingers crossed folks Kip
NCM Price at posting:
$21.14 Sentiment: Buy Disclosure: Held